CFX/USDT – 4H – BUYCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.04388 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.04546 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.04663 |
| 2nd High | 0.04567 |
| Next High | 0.04546 |
| Current Price | 0.045010000 |
| Next Low | 0.04205 |
| 2nd Low | 0.04173 |
| 3rd Low | 0.04139 |
0.04546 – 0.04567 – 0.04663 – 0.04205 – 0.04173 – 0.04139 —
0.045450000 – 0.045360000 —
57.425505431067 – 55.32148495332 —
– —
0.04546 – 1784030400
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Northern Doji – – –